SAN FRANCISCO-CBRE has restructured itsNorthern California institutional-investment team to strengthen itsdelivery of capital-markets solutions tocommercial real estate investors in the SanFrancisco Bay area as well as across Northern California. Therestructuring involves a relocation for one executive, a returnengagement for another and a joining of forces with two other CBREexecutives in the area.
Russell Ingrum, a capital markets professionaland the practice leader for CBRE’s officeinstitutional group nationally, will relocate to San Francisco fromHouston, where he serves a stable of institutional investors inmeeting their needs in markets across the country. Following hisrelocation to San Francisco, Ingrum will continue to serve as thenational office practice leader for CBRE’s institutional group, andKevin Shannon will maintain his position leadingthe company’s office investment practice in the West. Ingrum willcontinue to be active in Texas markets, collaborating withBernard Branca and Jared Chua inHouston and Gary Carr in Dallas to meetinstitutional investor needs in those markets. He has been a keyteam leader in the successful disposition of more than 605 millionsquare feet of property in 60 different markets with a total valueexceeding $36 billion.
Also, Sean Sullivan, a 20-year veteran of theCalifornia real estate investment market, has rejoined the companyas EVP in the investment properties institutional group, also basedin San Francisco. He began his real estate career with CBRE in 1992and rose to become one of the firm’s top investment-salesprofessionals prior to his departure in 2005. During his previoustenure with CBRE, Sullivan was a key member of the institutionalgroup in the downtown Los Angeles office, focusing on the sale oflarge office assets throughout Los Angeles County. After hisdeparture in 2005, Sullivan became a SVP with EastdilSecured in Los Angeles, where he participated in the saleof nearly 100 office assets in Southern California totalingapproximately $15 billion volume.
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